Waste coffee grounds offer new source of biodiesel fuel

This is pretty sweet news. Assuming that it can be made commercially viable, it’d be great to have a way of squeezing just a bit more goodness from the tons of coffee this nation consumes annually. Oh and the exhaust fumes would smell like Colombian Supremo.  Anything we can do to reduce the use of corn as an ethanol feedstock would be good right about now.

Mars Exploration Rover Mission: Multimedia: All Raw Images: Opportunity: Navigation Camera: Sol 115

This is too odd. Look at that thing in the foreground on the far right side…is that wood??!

Bernankes Money Printing Helicopters are Here :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

Newly printed dollars are being used to replace the capital losses of America’s corporations. If it were possible to replace wealth simply by printing money, humanity would have eliminated poverty shortly after discovering the printing press. Instead, it always results in the same fate - destruction of the currency through the process of hyperinflation .

The following chart using data from the Federal Reserve of St. Louis visually reveals just how extreme the latest measures from the US Federal Reserve have impacted the monetary base.

The last three months have seen an increase of $636.7 billion which is equivalent to the increase of the previous eighteen years.

Courtesy of http://www.marketoracle.co.uk